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Cash ISA Transfer Performance – Q3 2019

The Building Societies Association (BSA); the Tax Incentivised Savings Association (TISA) and UK Finance (UKF) committed that for 2019, a minimum of 85 per cent of cash ISA transfers would be completed within seven working days.

  • Date: 29 October 2019
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BSA responds to FCA updated responsible lending rules

“The BSA welcomes FCA’s updated responsible lending rules. BSA members actively participated in the implementation group, and we thank the FCA for their collaborative approach to this consultation...

  • Date: 28 October 2019
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Latest CIFAS research reveals five percent increase in mortgage fraud in the first half of 2019

Third party press release: Cifas, the UK’s leading fraud prevention service, has revealed that mortgage fraud has seen a 5% increase in the first six months of 2019 compared to the last six months of 2018.

  • Date: 24 September 2019
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New report shows conclusively that people on lower incomes are just as likely to be active savers as those who earn higher amounts, once essential needs are met

New report shows conclusively that people on lower incomes are just as likely to be active savers as those who earn higher amounts, once essential needs are met.

  • Date: 23 September 2019
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Housing market sentiment falls sharply amidst continuing Brexit uncertainty

The BSA's quarterly Property Tracker shows a third of people across Great Britain (33%) expect house prices to fall over the next 12 months, up from 24% in June 2019.  Just 23% of the population believe that house prices will rise.

  • Date: 11 September 2019
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Cash ISA Transfer Performance

From January to June 2019 - 91% of Cash ISA transfers have been completed within seven working days against the target of 85% 

  • Date: 30 August 2019
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New funding structure for Financial Services Ombudsman penalises firms with fewer complaints

The BSA takes issue with the new funding proposals put forward by the Financial Ombudsman Service.  The new funding model runs counter to the 'polluter pays' model and would see firms with fewer complaints paying more as those with the most complaints pay c£70m a year less.   

  • Date: 12 August 2019
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BSA Comments on MMC Report

A report today from the Housing, Communities and Local Government Committee has adopted three BSA recommendations that will help increase the use of Modern Methods of Construction, contributing to housing supply.

  • Date: 03 July 2019
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BSA Comments on Government's Green Finance Strategy

BSA welcomes the Government's Green Finance Strategy. 

  • Date: 02 July 2019
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Moving forward to help 'mortgage prisoners'

The Building Societies Association has today responded to the FCA proposals to help Mortgage Prisoners by enabling lenders to utilise a modified affordability assessment.

  • Date: 26 June 2019
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Removing Brexit uncertainty won’t resolve housing market issues

The BSA Property Tracker survey has revealed that high house prices more of a concern than Brexit to those who don't think now is a good time to buy, housing market sentiment has remained negative for over two years, and, house price expectations rise

  • Date: 12 June 2019
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The high street lives on: Building societies reinvigorate local communities, BSA report shows

This report demonstrates why building societies put such an onus on their role in their communities; from providing valued services and skilled employment, to working with and supporting local institutions and infrastructure such as town centres, and looking after the world around us.

  • Date: 24 May 2019
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